Golden advice for the most beautiful followers ❤❤🔥🔥🔥

If you adhere to these tips, I guarantee you success in trading

Before you buy any cryptocurrency

🟢 Check the general market trend

BTC is king: If BTC is in a downtrend, 80% of cryptocurrencies will follow Bitcoin

🟢 Look for support and resistance areas

· Support: Buying area (the price bounces back at this point)

· Resistance: Selling area (the price struggles to break through)

🟢 Ensure trading volume

· High volume = real interest

· Low volume = unreliable movement

🟢 Use the RSI indicator

70 : Overbought (be careful buying)

30 : Oversold (potential buying opportunity)

· Ideal level: RSI 50⬅️30

🟢 Set your goals and risks

· Risk ratio: not less than 1:2

· Example:

· Potential loss: $50

· Target profit: $100+

🟢 Use stop loss with medium trades

· Golden rule: Do not lose more than 2% of your capital in a trade

· Example: If your capital is $1000, set the stop loss at a $20 loss

🟢 Avoid trading during news release times

· Do not trade during

· Inflation announcements

· Federal decisions

🛑 5 conditions where entering a trade is prohibited:

1. ❌ If you are tired or angry

2. ❌ If the market is in a narrow sideways range

3. ❌ If the RSI indicator is above 80 or below 20

4. ❌ If the trading volume is low

5. ❌ If you do not have a clear plan

💡 Tip

· Start with a small capital ($100-500)

· Focus on only 2-3 cryptocurrencies

· Learn from your mistakes (record every trade in Excel)